Live cattle futures dropped like a rock through early June but may have overshot the fair value of the underlying commodity. This spring, large fed cattle supplies allowed packers to reduce offer prices despite robust beef demand and excellent slaughter margins. Outside the cash cattle market, however, a significant portion of the futures sell-off was driven by managed money funds exiting a massive long position. That liquidation rapidly pushed futures prices lower and may have created opportunities for cattle market bulls given changes in key fundamental trends. Heifer Slaughter Beef production is steady YTD despite a 1.6 percent increase in fed cattle slaughter. That dynamic has occurred because of changes in the share of steers...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
From WPI Consulting
Like all marmots
An adult Vancouver Island marmot typically measures 65 to 70 centimetres (26 to 28 in) from the tip of its nose to the tip of its tail.